Liberia - Forestry Project

Document of The World Bank FOR OFFICAL USE ONLY Reprt No. 7769 PROJECT CCMPLETION REPORT LIBERIA FORESTRY PROJECT (CR. 839-LIB) MAY 22, 1989 Africa Regional Office Thbis document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization.  CURRENCY EQUIVALENTS The Liberian dollar is officially at par value with the US dollar which is legal tender in Liberia. WEIGHTS AND 'EASURES 1 hectare (ha) - 2.47 acres 1 kilometre (km) - 0.62 miles 1 km2 - 0.39 miles2 m9(r) - solid cubic metre, round wood ms(s) - solid cubic metre, sawn wood ABBREVIATIONS ADB - African Development Bank CP - Cooperative Program FAO - Food and Agricultural Organization FDA - Forestry Development Authority FOB - Free on Board FTI - Forestry Training Institute GDP - Gross Domestic Product GOL - Government-of Liberia GTZ - German Aid (Deutsche Gesellschaft fur Technische Zusammenarbeit) IDA - International Development Association IRR - Internal Rate of Return LFC - Liberian Forestry Corporation ODA - British Overseas Development Administration PCR - Project Completion Report SAR - Staff Appraisal Report WB - World Bank FISCAL YEAR July 1 - June 30  FOR OMCIL USE ONLY THE WORLD BANK Washington, D.C. 20433 U.S.A. Oc ok ctD,-hewaI May 22, 1989 DIfOIRAIDDK TO THE XEmCUTIVE DrhCTORS AND THE PRESIDENT SUBJECT: Project Completion Report on Liberia Forestry Project (Credit 839-LIB} Attached, for information, is a copy of the report entitled 'Project Completion Report on Liberia Forestry Project (Credit 839-LIB)" prepared by the Africa Regional Office, No further evaluation of this project by the Operations Evaluation Department has been made. Attachment This document has a restrcted distribution and may be used by recipients only in the perfonrance of their official duties. Its contents may not otherwise be disclosed without World anlk authorization.  FOR OMCIAL USE ONLY PROJECT COMPLETION REPORT LIBERIA FORESTRY PROJECT (Cr. 839-LIB) TABLE OF CONTENTS Page No. Preface ... ............. ...... i Bassic Data Sheet .......... ............ O........ ....................... i Evaluation Summary ....... *0*....... 0..0.....0......................*.......... v Overview .................. *............ 0 ...................... PROJECT COMPLETION REPORT I. Introdnction ......... ..........**.**. 9 II. Project Description ....... *.**** ....... o... **.. 11 III. Implementation ............. **.t................................ 12 IV. Operating Performance and Impacts ..................... 23 V. Financial Re-Evaluation ......... . ............. . 25 VI. Institutional Performance .................27 VII. Economic Re-Evaluation .......... 29 VIII. Bank Performance . 29 IX. Conclusions ..... 00 ....... ......... ....